Wow, $2.3m cash burn with not much happening during the quarter. I am watching REE explorers putting km's of drilling down plus met testwork and getting by in $1-1.5m a quarter consistently. Cash burn here is high, and unfortunately with 0.84 quarters of funding remaining another CR must be around the corner. Hang in there holders.
Any ideas what the $1.2m this q may have been for on exploration/evaluation spend given they didn't do any drilling that I am aware off? Cloncurry is paid by the Nippon JV.
Wow, $2.3m cash burn with not much happening during the quarter....
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GBZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.56M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $2.774K | 269.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 594904 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1277450 | 5 |
View Market Depth
| Last trade - 10.42am 20/06/2024 (20 minute delay) ? |
| GBZ (ASX) Chart |